Every time Lockerz announces funding (they just announced another $30M) I go look at their site and I come away confused as to how they make money. I see clearly how they pay out PTZ for online tasks/engagement, which can be redeemed for dollar value goods. So non-dollar-value activity IN leads to dollar-value points OUT. So…. How do they make money?

If you look at the comments on the YouTube video or just do a Google search, you’ll see a lot of commentary about how hard it is to redeem your PTZ - apparently there are a limited quantity of items, and they run out of stock in minutes. Maybe that’s the model - they never actually plan to fulfill against all the points?

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